Mizuho Maintains Neutral on Marathon Petroleum, Raises Price Target to $203
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar maintains a Neutral rating on Marathon Petroleum (MPC) and raises the price target from $200 to $203.
May 13, 2024 | 3:24 pm
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Mizuho's analyst Nitin Kumar has maintained a Neutral rating on Marathon Petroleum but increased the price target from $200 to $203.
The increase in price target by Mizuho suggests a positive outlook on the stock's value, potentially leading to short-term investor optimism. However, the Neutral rating indicates that the analyst does not see significant upside or downside from the current price level, which might temper the impact of the price target increase.
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